OFF MARKET

Off Market May 2022 for $927K

$1,006,847

Est. refi paymentEst. refi $6,127/mo

•

1,363

sq ft

4000 Rio Rd #38, Carmel, CA 93923

About this home

Location! Location! Location! Beautiful, peaceful & loverly carmel town home where is located in the great Riverwood community with swimming pool and tennis court and also the best school district for your kids living & grow up. The light and bright 3 beds & 2.5 baths with over 1300 sqft home overlooks mountain view and directly across green belt to the Carmel River tree-line of the own backyard. The recently remodel included freshly painted interior with new baseboard, new high quality waterproof SPC flooring throughout, replaced all toilets. and shower door. Staineless appliances. Attached 1-car garage with extra storage space. Walking distance to Carmel Crossroads, Carmel Rancho Shopping centers and a few minutes driving to the world's famous beaches & state Parks.

CondoProperty Type

1973Year Built

1,197 sq ftLot Size

$739Est. Price/Sq.Ft.

1 car garageParking

Listed by Hui Wang •DRE #01849118 • Shen's Management & Sales Inc

Contact: 408-874-5099

Bought with Susan Clark •DRE #00929953 • Carmel Realty Company

Redfin checked: a minute ago

•Source:MLSListings #ML81888328

Redfin Estimate

$1,006,847

$79K since sold in May 2022$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.6% lower than the average sale price ($1.30M) of 6 comparable homes.

SOLD AUG 31, 2026
$885,000
A
2 beds2 baths1,411 sq ft
24501 Via Mar Monte #58, Carmel, CA 93923
SOLD AUG 5, 2026
$1,060,000
B
2 beds2 baths1,040 sq ft
4000 Rio Rd #49, Carmel, CA 93923
SOLD JUL 6, 2026
$2,550,000
C
3 beds2 baths1,265 sq ft
0 Mission 3 NW of 4th St #6, Carmel-By-The-Sea, CA 93921
SOLD MAY 4, 2026
$925,000
D
2 beds2 baths1,420 sq ft
3600 High Meadow Dr #9, Carmel, CA 93923
SOLD JAN 30, 2026
$960,000
E
2 beds2.5 baths1,520 sq ft
3850 Rio Rd #7, Carmel, CA 93923
SOLD MAR 6, 2026
$1,430,000
F
2 beds2 baths1,434 sq ft
7026 Valley Greens Cir #21, Carmel, CA 93923

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Sell

$272,988

Est. take-home

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Refinance

Est. cash available

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Rent

$2,495/mo

Redfin rental estimate

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Market trends in 93923, CA

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.0%

0.6% MoM

Median sale price

$2.3M

$426K MoM

Avg. days on market

42d

19 days MoM

Recently sold homes

1 MoM

New listings for sale

$22,000,000
4 beds4.5 baths3,334 sq ft
0 Scenic 8 SE of 8th Rd, Carmel, CA 93923
$2,695,000
3 beds2 baths1,459 sq ft
24571 Portola Ave, Carmel, CA 93923
VIDEO TOUR
$4,500,000
4 beds3.5 baths2,122 sq ft
0 NE Corner Monte Verde and Tenth Ave, Carmel-By-The-Sea, CA 93921
$1,650,000
3 beds2 baths2,052 sq ft
25455 Canada Valley Dr, Carmel, CA 93923
EARLY ACCESS
$8,395,000
5 beds7 baths5,721 sq ft
5 Touche Pass, Carmel, CA 93923
$849,000
2 beds2 baths998 sq ft
4000 Rio Rd #26, Carmel, CA 93923
$1,025,000
2 beds2 baths1,480 sq ft
154 DEL MESA CARMEL, Carmel, CA 93923
$1,050,000
2 beds2 baths1,522 sq ft
139 Del Mesa Carmel, Carmel, CA 93923
$3,495,000
3 beds3.5 baths4,783 sq ft
568 Aguajito Rd, Carmel, CA 93923
$3,200,000
2 beds2 baths1,335 sq ft
0 Santa Lucia 2 NE of Casanova St, CARMEL, CA 93921
See all

Provided by Redfin

Sale history for 4000 Rio Rd #38

Date

Event

Price

MLSListings #ML81888328

May 10, 2022

Sold

$927,500

$680/sq ft

Apr 28, 2022

Contingent

—

Apr 22, 2022

Listed

$930,000

$682/sq ft

Public Records

Oct 26, 2004

Sold

$620,000

$455/sq ft

MLSListings #ML80424501

Oct 26, 2004

Listing Removed

—

Sep 30, 2004

Sold

$620,000

$455/sq ft

Sep 20, 2004

Listed

$625,000

$459/sq ft

Public Records

Mar 16, 2000

Sold

$269,000

$197/sq ft

Public Records

Jun 10, 1991

Sold

$270,000

$198/sq ft

Public Records

May 16, 1975

Sold

$46,500

$34/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$11,366 (+2.7%)

$432,972 + $570,982

$1,003,954

2024

$11,070 (+0.2%)

$424,483 + $559,787

$984,270

2023

$11,051 (+15.1%)

$416,160 + $548,811

$964,971

2022

$9,603 (+2.3%)

$408,000 + $538,050

$946,050

2021

$9,390 (+10.7%)

$525,420 + $288,980

$814,400

2020

$8,479 (+0.5%)

$515,118 + $283,314

$798,432

2019

$8,435 (+6.2%)

$466,000 + $256,000

$722,000

2018

$7,940 (+2.1%)

$465,000 + $255,000

$720,000

2017

$7,774 (+11.2%)

$431,000 + $237,000

$668,000

2016

$6,989 (+12.1%)

$431,000 + $237,000

$668,000

2015

$6,232 (+0.3%)

$386,000 + $213,000

$599,000

2014

$6,212 (+19.6%)

$341,000 + $187,000

$528,000

2013

$5,196 (+18.3%)

$341,000 + $187,000

$528,000

2012

$4,391 (−8.7%)

$289,000 + $161,000

$450,000

2011

$4,808 (−11.4%)

$155,575 + $217,805

$373,380

2010

$5,425 (−18.9%)

$175,000 + $245,000

$420,000

2009

$6,693 (−7.0%)

$313,440 + $168,775

$482,215

2008

$7,200

$390,524 + $214,788

$605,312

Tax history for 4000 Rio Rd #38

Year

Property tax

Land + Additions

Assessment*

2025

$11,366 (+2.7%)

$432,972 + $570,982

$1,003,954

2024

$11,070 (+0.2%)

$424,483 + $559,787

$984,270

2023

$11,051 (+15.1%)

$416,160 + $548,811

$964,971

2022

$9,603 (+2.3%)

$408,000 + $538,050

$946,050

2021

$9,390 (+10.7%)

$525,420 + $288,980

$814,400

2020

$8,479 (+0.5%)

$515,118 + $283,314

$798,432

2019

$8,435 (+6.2%)

$466,000 + $256,000

$722,000

2018

$7,940 (+2.1%)

$465,000 + $255,000

$720,000

2017

$7,774 (+11.2%)

$431,000 + $237,000

$668,000

2016

$6,989 (+12.1%)

$431,000 + $237,000

$668,000

2015

$6,232 (+0.3%)

$386,000 + $213,000

$599,000

2014

$6,212 (+19.6%)

$341,000 + $187,000

$528,000

2013

$5,196 (+18.3%)

$341,000 + $187,000

$528,000

2012

$4,391 (−8.7%)

$289,000 + $161,000

$450,000

2011

$4,808 (−11.4%)

$155,575 + $217,805

$373,380

2010

$5,425 (−18.9%)

$175,000 + $245,000

$420,000

2009

$6,693 (−7.0%)

$313,440 + $168,775

$482,215

2008

$7,200

$390,524 + $214,788

$605,312

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

1973

Sq. Ft.

1,363

Year built

1973

Style

Condo/Co-op

County

Monterey County

APN

015541038000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

Property details

Parking

Parking Information
Garage (Minimum): 1
Garage (Maximum): 1
Parking Description: Attached Garage, Guest/Visitor Parking, Parking Area
Garage Spaces: 1

Interior

Bedroom Information
# of Bedrooms (Minimum): 3
# of Bedrooms (Maximum): 3

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1

Room Information
Family Room Description: Other (See Remarks)
Dining Room Description: No Formal Dining Room

Fireplace Information
Has Fireplace
Fireplace Description: Gas-Burning, In Living Room
Fireplaces (Minimum): 1

Heating & Cooling Information
Heating: Central Forced Air (Gas)

Exterior

Exterior Features
Roof: Composition

Building Information
Subclass: Condominium
Concrete Perimeter and Slab

Pool Information
Has Pool
Pool Description: Community Facility, Fenced

Property Features
Living Sq. Ft.: 1,363

Property Information
Ownership Type: Condominium Ownership
Property Primary ID: 182202
Restrictions: Age (No Restrictions), Pets (Number Restrictions), Other (See Remarks)

Lot Information
Lot Acres: 0.0275
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Other (See Remarks)
Zoning: HDR

Utilities

Utility Information
Sewer Septic: Sewer (Public)
Utilities: Public Utilities

Water Information
Water: Individual Water Meter, Public

Location

Multi-Unit Information
# of Stories: 2

HOA Information
Has HOA
Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance (Common Area), Landscaping/Gardening, Maintenance (Common Area), Pools, Spa, or Tennis, Reserves, Roof
HOA Amenities: Community Pool, Tennis Court/Facility
HOA Fee: $480
HOA Fee Frequency: Monthly
HOA Name: Riverwood Communit Association

School Information
Elementary School District: Carmel Unified
High School District: Carmel Unified

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 1,363
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1973
Year Renovated: 1973
County: Monterey County
APN: 015541038000

Home facts updated by county records on Sep 8, 2026

About this building

1 for sale

4000 Rio Rd, Carmel, CA 93923

See photos & sale trends

Photo via 4000 Rio Rd #27

Units for sale


26	$849,000	2 beds	2 baths	998 sq ft

Around this home

Schools

Carmel River Elementary School

Public K-5 • Assigned • 1.2mi

9/10

Carmel Middle School

Public 6-8 • Assigned • 0.5mi

7/10

Carmel High School

Public 9-12 • Assigned • 1.3mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

4/10 Fire Factor

2% chance of being in a wildfire in next 30 years

2/10 Heat Factor

9 days above 76° expected this year, 22 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

11 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Carmel, CA • 93923

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.8 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

10.8 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$957,000 – $1.16M

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Home values near 4000 Rio Rd #38

Data from public records.

Address	Redfin Estimate
4000 Rio Rd Apartment 86, Carmel, CA 2 Beds \| 2 Baths \| 1040 Sq. Ft.	$909,827
4000 Rio Rd Apartment 82, Carmel, CA 2 Beds \| 2.5 Baths \| - Sq. Ft.	$1,128,294

Address	Redfin Estimate
4000 Rio Rd Apartment 85, Carmel, CA 2 Beds \| 2 Baths \| 1040 Sq. Ft.	$856,160
4000 Rio Rd Apartment 76, Carmel, CA 2 Beds \| 2.5 Baths \| 1363 Sq. Ft.	$1,021,323

Address	Redfin Estimate
4000 Rio Rd Apartment 84, Carmel, CA 2 Beds \| 2 Baths \| 1040 Sq. Ft.	$910,991
4000 Rio Rd Apartment 68, Carmel, CA 2 Beds \| 2 Baths \| 1040 Sq. Ft.	$913,390

Property information provided by MLSListings when last listed in 2022. This data may not match . Learn more.

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